Future Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
GOLD 100 OZ NOVEMBER 2021 (ICE:@ZG.X21)
Bear Market Rally (-75) - @ZG.X21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on @ZG.X21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid @ZG.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @ZG.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @ZG.X21
The long-term trend has been DOWN since Sep 7th, 2021 at 1810.0
The intermediate-term trend has been DOWN since Sep 7th, 2021 at 1810.0
The short-term trend has been UP since Oct 4th, 2021 at 1751.4
Smart Scan Analysis for @ZG.X21
Based on our trend formula, @ZG.X21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).